Usha Martin Ltd logo

Usha Martin Ltd

NSE: USHAMART BSE: 517146

₹482.90

-4.10 (0.84%)

Thu, 22 Oct 2026, 09:46 pm

mtf coin illustrationMTF 5xInvest in Usha Martin Ltd with 5x LeverageBuy with MTFpremium button ring illustration
Market Cap (in Cr)14859.21
PE Ratio29.04
Dividend0.77
Producer ManufacturingProducer Manufacturing
Metal FabricationMetal Fabrication
24.5K24.5K

Usha Martin Analysis

dividend

thumbs up icon

Pros

    thumbs up icon

    Cons

    • Unable to calculate sustainability of dividends as Usha Martin has not reported any payouts.
    • Unable to evaluate Usha Martin's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
    • Unable to evaluate Usha Martin's dividend against the top 25% market benchmark as the company has not reported any payouts.

    health

    thumbs up icon

    Pros

    • Usha Martin is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
    • Whilst loss making Usha Martin has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by -18.6% per year.
    • Whilst loss making Usha Martin has sufficient cash runway for more than 3 years if it maintains the current positive free cash flow level.
    • Debt is well covered by operating cash flow (39.5%, greater than 20% of total debt).
    • Debt is covered by short term assets, assets are 2.4x debt.
    • Usha Martin's cash and other short term assets cover its long term commitments.
    • The level of debt compared to net worth has been reduced over the past 5 years (222.8% vs 42.6% today).
    thumbs up icon

    Cons

    • Usha Martin is making a loss, therefore interest payments are not well covered by earnings.
    • Usha Martin's level of debt (42.6%) compared to net worth is high (greater than 40%).
    • High level of physical assets or inventory.

    management

    thumbs up icon

    Pros

    • The tenure for the Usha Martin management team is about average.
    thumbs up icon

    Cons

    • The average tenure for the Usha Martin board of directors is less than 3 years, this suggests a new board.
    • Rajeev's remuneration is higher than average for companies of similar size in India.
    • Rajeev's compensation has increased whilst company is loss making.
    • Usha Martin individual insiders have only sold shares in the past 3 months.

    misc

    thumbs up icon

    Pros

      thumbs up icon

      Cons

      • Usha Martin is not covered by any analysts.
      • Usha Martin has significant price volatility in the past 3 months.

      past

      thumbs up icon

      Pros

        thumbs up icon

        Cons

        • Unable to compare Usha Martin's 1-year earnings growth to the 5-year average as it is not currently profitable.
        • Usha Martin does not make a profit even though their year on year earnings growth rate was positive over the past 5 years.
        • Usha Martin used its assets less efficiently than the IN Metals and Mining industry average last year based on Return on Assets.
        • It is difficult to establish if Usha Martin improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
        • It is difficult to establish if Usha Martin has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
        • Unable to compare Usha Martin's 1-year growth to the IN Metals and Mining industry average as it is not currently profitable.

        value

        thumbs up icon

        Pros

        • Usha Martin is good value based on assets compared to the IN Metals and Mining industry average.
        thumbs up icon

        Cons

        • Usha Martin's share price is above the future cash flow value, it's not available at a moderate discount (< 20%).
        • Usha Martin's share price is above the future cash flow value, it's not available at a substantial discount (< 40%).
        • Usha Martin is loss making, we can't compare its value to the IN Metals and Mining industry average.
        • Usha Martin is loss making, we can't compare the value of its earnings to the India market.
        • USHAMART underperformed the Metals and Mining industry which returned -28.6% over the past year.
        • USHAMART underperformed the Market in India which returned -14.5% over the past year.
        • NSEI:USHAMART is up 3.8% underperforming the Metals and Mining industry which returned 7.5% over the past month.
        • NSEI:USHAMART is up 3.8% underperforming the market in India which returned 8% over the past month.
        pocketful logo lightpocketful logo dark
        PricingBecome a Partner
        search icon
        /

        No results for ''

        Popular search

        • popular search iconSuzlon Energy Ltd
        • popular search iconIndian Railway Finance Corporation Ltd
        • popular search iconTata Motors Ltd
        • popular search iconTata Steel Ltd
        • popular search iconRail Vikas Nigam Ltd

        Recent search

            Log In
            search icon

            No results for ‘’

              Popular search

              • popular search iconSuzlon Energy Ltd
              • popular search iconIndian Railway Finance Corporation Ltd
              • popular search iconTata Motors Ltd
              • popular search iconTata Steel Ltd
              • popular search iconRail Vikas Nigam Ltd
              • popular search iconReliance Industries Ltd
              pocketful logo lightpocketful logo dark
              • Pricing
              • Become a Partner
              Log In
              • home icon
              • arrow iconstocks
              • arrow iconusha martin ltd
              • arrow iconanalysis
              • Overview
              • Analysis
              • Financials
              • Ratios
              • shareholding
              • Technical Analysis
              • Corporate Actions
              • Peer Comparison
              • About
              • Company History
              • Deals
              • News
              • FAQs

              Open Your Free Demat Account Now!

              Step into a world of zero fees and limitless opportunities!

              pocketful logo
              • Quick Links

                • Open Demat Account
                • Pocketful Web
                • Pocketful App
                • Pricing
                • Authorised Person
                • Pocketful Calculators
                • Compliance Links
              • Pages

                • Tools
                • Blogs
                • ETF Screener
                • IPO
                • ETF
                • Bonds
                • Index Heat Map
              • Products

                • Stocks
                • Commodity
                • Subscription
                • Free Stock Screener
                • Pocketful GPT
                • MTF
                • Mutual Funds
              • Company

                • About us
                • Contact us
                • Terms and Conditions
                • Policies & Procedures
                • Privacy Policy
                • Disclosure
                • Careers
              • Socials

                • Facebook iconFacebook
                • Twitter iconTwitter
                • Instagram iconInstagram
                • LinkedIn iconLinkedIn
                • Youtube iconYoutube

              2022-25 Pocketful. All rights reserved, Built with in India

              Version -5.76

              app image 1app image 2

              Stocks:

              AllABCDEFGHIJKLMNOPQRSTUVWXYZ

              Explore

              Calculators
              Popular Calculators
              Group Stocks
              Asset Management Companies
              Popular Stocks
              Indian Indices
              Sector Wise Stocks
              IPO
              Share Market
              Best MF Schemes
              Platforms
              Resources
              Gold Rates in Top Cities
              Silver Rates in Top Cities

              Others:

              NSEBSECDSLNSDLSEBIMCXMSEINCDEXNSE IFSCINDIA INXAccount Closure FormDP Investor CharterBroker Investor Charter

              Pocketful Fintech Capital Private Limited (CIN U65999DL2021PTC390548) | The SEBI Registration No. allotted to us is INZ000313732. NSE Member Code: 90326 | BSE Member Code: 6808 | MCX Member Code: 57120 DP | CDSL: 12099800